Member Info for profitseeker

I have been bitten in the past by not taking profits and then watching them fall back down to earth again. A harsh lesson. However, in some instances i do find it difficult to set a target. a classic example is wtn. i bought in at 28p a few months ago and they have steadily risen to around 80p. But I am so convinced that they are a really sound company that I want to stay in there. Once the agu rns comes out and things progress, the same may apply here, only it would be easy to take our stakes out as most have come from such a low base

your level 2 analysis is spot on. i hadn't paid too much attention to it until you started posting on here and having seen your explanation to a few others it makes complete sense. Great work and thanks

No, in this instance i sold up completely. For some reason, I wasn't completely happy holding them even though they did me well. I must admit though that reading your comments some time ago put them onto my watch list. So a big thank you for that one! When you sort the wheat from the chaff there are some top dealers on here!

i see that tmp has continued its rise upwards. i'm afraid i jumped ship last week after getting 100% profit up. still no rns either and massive sells again. will you have to recalculate these as they seem to be going against all what should be happening?

thanks loftya. i have held these for so long now and have seen so many revised production dates, its easy to lose track of them. with the limited time that they can work throughout the year due to the weather, I am hoping that things will get under way soon. If I remember rightly, its usually may/june when it is all nicely accessible. so if they do start now then the 18 months it is supposed to take would just about get us to end of 2010. I really do hope this one works out and we don't all get put away. Seems so much potential here. I'd love to be reading your level 2 reports and riddlers chart figures if/when we get off the ground!

over 41% spread on these today. any idea if yesterdays issue of new shares at the egm will improve liquidity on the aim market? im tempted to make an investment here but with the risks involved would really like to get in around the 15p mark. any chance?

please could you tell me if you have had information saying BAM will be producing in 2010? All the recent documentation I have read says production wouldn't be until 2011 and work to get the mine up and running will take 18 months without mishaps. As far as I am aware this work hasn't begun yet and the pictures on their website showing the latest pictures states that they were taken in 2005.

very sound advice. your targets on pog really emphasise my point about the opportunity we have on this market. do your research thoroughly and there are really good sound exciting companies that can comfortably multiply your investment. Then there are others like fnd, agu etc which if they come through, could multiply it many times over. my version of pog is wtn which i really like long term. Fortunately i was in at the bottom of their cycle. Good luck

fireheart, i like your 5-10 year plan. i dont know about you, but my biggest dilemma at the moment is at what point do I decide to take a profit. like you, some of my holdings are showing large gains already, but i am so confident of their prospects, and having bought in when they were very undervalued i am loathed to come out. The problem then is that i am not freeing up funds to invest in other ones i like. i must admit that i have been waiting in the wings to get in on your fnd fancy. do you take out your original stake and let the rest run for free? i haven't done this before as i always get the impression that if i am pulling a bit out, then maybe i am not that confident of it rising further! what a dilemma!

I have a strong belief that we will never get a better chance of making huge amounts of money than in the next 18 months. There are so many bombed out, undervalued etc shares out there that we could realistically become very wealthy. I have been dealing for around 20 years now (since i left school), and never has there been so much information on companies available to be read in the comfort of your own home that the internet has provided us all with. In my opinion however, this market will also pick up some people by their collars and throw them out onto the pavement - there are so many shares that are just too good to be true. I believe the key ingredients are: you need a long experience of dealing (so you have already learnt your lessons), a reasonable sized portfolio (I like around 6-8), DON'T get carried away on one share and don't up the ante, read as much as you possibly can on a possible buying opportunity and look on these chat sites and go back and read posts from a year or so ago so you can really see what issues the company has faced and what may be lurking in the closet. Ask as many questions as you can, even emailing the company. If you have found a company that you really do like then just be patient and get ready to ride those profits. But remember a profit is not a profit until you have that sold contract in your hand. Good luck everyone

and there was me thinking you had departed to the premium chat section!!!

this board has gone to sleep today! alot of selling seems to be going on (if the sells really are sells?). i think there are so many opportunities to make money out there that people may be put off by the expected and hoped for rns continually being delayed despite some peoples constant assurances that all is imminent (has been for the last couple of months!). lets hope that rns catches all off guard!

all eyes now getting ready to turn to the tsx. by my reckoning after fridays and yesterdays trading over there, we still have approximately 10-15% of gains to catch up with them. i think petertee's latest prediction of 155p by end of June is by no means out of the question. we need a settling down period on these to consolidate the recent rises, but I wouldn't say no to a few more of those 20%+ rises over on the tsx. Still so much potential in these both short and long term. Heres hoping!

backscratcher try this: http://watch.bnn.ca/clip167130#clip167130

go onto the iii site and someone has posted a link there. well worth a watch. bit erratic on the tsx tonight. up 30% and now a little down! could be a retrace tomorrow, but still a great long term hold

extremely erratic on the tsx tonight. looks like we may retrace a bit tomorrow. good job we ended today near the high point. was up tonight nears 30% and currently its slightly down! still a good long term hold

a few posts back you enquired if anyone had visited the agu website lately and seen the photographs of the absailers etc fitting the lift. It should be noted that at the top it says that all photos were taken during 2005. So not sure what some more recent ones might now show? Also it talks about the possibilities of their Nunngarut mountain being a possible unmined Black Angel. This could potentially be more explosive to the shareprice than black angel in the longer term I feel.

Just watched an interview with John Hogg. He hinted that the merger with CBM looks very likely. At some point in the next few weeks these have got to rise to match the likely offer. Also CBM own so many WTN shares that their own value has risen substantially anyway. Buy and Hold in my opinion.

Just watched an interview with John Hogg. Very interesting. He is very down to earth and gave some very promising signs of demand for steel and hence coal demand picking up, with signs from China also showing improvement. He also hinted that a merger with CBM is looking very likely. I think this gives us a good idea of the reasons behind these lovely rises. And don't forget that at the current 86p this is some 455p off of its high of June 2008 (less than a year ago), so just shows what potential there could be here. Definitely one to buy and keep. All in my opinion of course

the 100,000 at 13.57 was a buy. my mate just texted me to say he has come on board.